Crystal of Progressive Practice Sales provides us with all of the details on how to buy, sell and value your chiropractic practice. There are many factors you need to consider during this process and we discuss many of them in this episode. https://www.modernchiropracticmarketing.com/podcasts/88 #buyingapractice #valuations #sellingapractice Schedule a FREE consultation!
Whew! I don’t know about you, but the intensity of jumping back into the real world in January always takes my breath away a little bit. After the (relative) peace of holidays and time off, it never fails to surprise me how fast the world moves when we are all back at full speed. Things have definitely been moving and shaking around here. We spent the holidays discussing 'How can we make buying or selling a practice even better/easier/more fun’ and ‘How can we improve this
When evaluating a business, especially without the assistance of a broker, it can be really easy to get overwhelmed. Once you really get into it, comparing businesses is often more of an apples to oranges situation. The gross of one practice is higher but the net is higher on the other; the first practice has more room to grow on the schedule but the second has a unique marketing or treatment strategy. And of course, there is the third practice in the perfect town, and it f
Everyone has experienced Buyer’s Remorse. That sinking pit in your stomach, that feeling of wasted money and ‘the-grass-is-greener’ thoughts about the ones that got away… This is a bummer when you dropped some cash on a pair of shoes, but it is devastating when it comes to buying a practice, where you have invested a huge sum of money and are in it for the long haul. We like to consider ourselves the Buyer’s Remorse anti-venom, if you will. With careful preparation you can
Buying a practice is a huge commitment- your time, money, blood, sweat and tears will all be poured into this new endeavor. It’s much like picking a spouse, you want to pick wisely, because ideally you guys are going to be in it together for the long haul. So it only makes sense that some apt advice for someone having difficulty in finding the perfect mate would also apply to someone seeking the ideal practice to purchase… Stop looking for perfection! OK, so you should be p
Hello, and welcome to our new blog! My wife, Crystal, and I head up the team here at Progressive Practice Sales, and we are so excited to start this forum for sharing information on buying, selling and valuing chiropractic businesses. Over the past eleven years we have sold three of our own practices, and the lessons we have learned through these experiences are invaluable; After a while I started to realize that the most worthwhile thing I could do was share them and help ot